- Current report filing (8-K)
05 February 2010 - 9:02AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 29, 2010
Beach First National Bancshares, Inc.
(Exact name of registrant as specified in its charter)
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South Carolina
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000-22503
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57-1030117
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(State or other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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3751 Robert M. Grissom Parkway, Suite 100,
Myrtle Beach, South Carolina
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29577
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrants telephone number, including area code:
(843) 626-2265
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(Former name or former address if changed since last report.)
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.
02(e)
Compensatory Arrangement of Certain Officers
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On January 29, 2010, Beach First National Bancshares, Inc. (the Company) and Beach First National Bank (the Bank)
provided written notice to Walter E. Standish, III that his employment agreement would not automatically renew
following the end of its current term on March 1, 2010. The notice to Mr. Standish confirmed that it was not notice of
termination of his employment and that he would continue to serve at the will of the Board of Directors without a
written employment agreement. Mr. Standishs employment agreement was dated December 15, 2008, and filed on March 31,
2009, with the SEC as Exhibit 10.11 to the Companys Annual Report on Form 10-K.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly authorized.
BEACH FIRST NATIONAL
BANCSHARES, INC.
By:
/s/ Gary S.
Austin
Name: Gary S. Austin
Title: Chief Financial
Officer
Dated: February 4, 2010
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